Search For "reserve bank"
Digital architectures expanding reach of credit to MSMEs: RBI Governor Das
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
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Yes Bank depositors' interests will be protected: Govt
Updated : 6 years ago IST
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
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Chidambaram terms Yes Bank crisis as 'regulatory failure'
Updated : 6 years ago IST
New Delhi [India], Mar 6 (ANI): Former finance minister P Chidambaram on Friday termed Yes Bank crisis as a completely "regulatory failure" and said there is no need to panic as the Reserve Bank of India (RBI) placed restrictions on the bank.
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Yes Bank stock crashes by 55 pc, NSE cancels its F&Os from May 29
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.
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Yes Bank customers shocked over RBI decision, queue up at branches to with
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Long queues were witnessed outside Yes Bank ATMs and branches even as customers expressed shock at the Reserve Bank of India (RBI) imposed month-long moratorium on withdrawals.
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Equity indices plunge on weak global cues, Yes Bank cracks by 30 pc
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): Equity benchmark indices tumbled during early hours on Friday after another overnight steep fall on Wall Street with banking stocks seen coming under pressure after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over
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Customers rush to ATMs in Mumbai after RBI caps Yes Bank withdrawal limit
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): After Reserve Bank of India (RBI) on Thursday imposed a month-long moratorium on Yes Bank citing "serious deterioration in its financial position", capping the withdrawal limit at Rs 50000, depositors here rushed to the ATMs for withdrawing the cash
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Moratorium imposed on Yes Bank, withdrawals capped at Rs 50,000
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): The Reserve Bank of India (RBI) on Thursday said a "moratorium" has been imposed on Yes Bank stressing that the bank's financial capability has undergone a steady decline largely due to inability of the bank to raise capital.
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Equities close lower as Coronavirus cases rise, financial and metal stocks
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): Heavy selling in financial and metal stocks dragged equity benchmark indices lower by half a per cent on Wednesday as the government said that number of confirmed Coronavirus cases in India has risen to 28.
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Bank credit growth on a low swing this fiscal: Care Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): The overall bank credit growth has been low so far this year with the first 10 months registering an increase of 3.5 per cent compared with 7 per cent last year (January over March), according to Care Ratings.
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Equity indices edge lower, banking and metal stocks drag
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 4 (ANI): Equity indices extended morning losses on Wednesday, dragged down by selling in banks and metal scrips, as investors assessed the economic fallout of fast-spreading coronavirus.
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Supreme Court allows trade in cryptocurrencies, quashes RBI curb
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): The Supreme Court on Wednesday struck down the Reserve Bank of India (RBI) 2018 circular that barred banks from giving access to companies in trading in cryptocurrencies.
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